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Old Dominion Freight Line ODFL - News Analyzed: 6,682 - Last Week: 100 - Last Month: 500

↝ Stock Market Shenanigans: The Ups and Downs of Old Dominion Freight Line

Stock Market Shenanigans: The Ups and Downs of Old Dominion Freight Line
GTS Securities LLC sells shares of Old Dominion Freight Line (ODFL) while Mackenzie Financial Corp and others increase their stake. Despite reporting Q1 2025 earnings of $1.19 per diluted share, the ODFL stock faces a downturn. Undeterred, various institutions, including 111 Capital and Novem Group, continue to invest heavily in ODFL. California State Teachers Retirement System and others decide to reduce their stock positions. Despite the Q1 profit drop, ODFL could beat earnings estimates. However, several analysts suggest a weak performance against the industrial sector. Although ODFL has seen some gains since the last earnings report, insider sale of $32m worth of shares signals potential uncertainty. Despite a reported 8.2% revenue drop amid shipping volume decline, ODFL manages to beat Q1 2025 earnings expectations. However, Zacks Research has a pessimistic view of ODFL Q2 earnings.

Old Dominion Freight Line ODFL News Analytics from Fri, 08 Nov 2024 08:00:00 GMT to Sat, 31 May 2025 12:40:31 GMT - Rating -1 - Innovation 2 - Information 5 - Rumor -5

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